The company
Kraken designs and builds autonomous maritime platforms, such as uncrewed subsurface vessels, for military and security purposes.
The funding
Kraken Technology, based in London, United Kingdom, announced $175M in Series B financing on July 9, 2026.
Participants include Hico Ventures, Rheinmetall, Inocea group, British Business Bank, BOKA Capital, NATO Innovation Fund (NIF), Thesiger Capital, Digital Transformation Capital Partners (DTCP).